Posted in Uncategorized on August 13, 2011 |
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He’s handsome as Mitt Romney! He’s socially conservative as Sarah Palin! And the corporate Republican establishment loves him! He’s the Texas Wonder Boy!
But wait:
With Texas’ minimal regulation and low taxes — and Perry’s cheerleading — a
spike in job growth during the past few years became known as the Texas Miracle. The rise in oil and gas prices, as well as a long-time state law protecting homeowners, helped stave off the recession for a while. And as a result, a miracle myth was created, with little exploration as to what impact Perry’s policies actually had on the economic picture. The miracle is that anyone would call minimum-wage jobs a miracle. Of the all the jobs in Texas created last year, 37 percent paid at or below minimum wage — and the state leads the nation in total minimum wage workers, according to a recent New York Times report.
“The important thing to do is not to just count jobs but to look at what kinds of jobs are being created in Texas,” explained Dick Lavine, a Senior Fiscal Analyst with the Center for Public Policy Priorities. “Texas is tied for last with Mississippi for the highest percentage of minimum wage jobs and Texas is by far the leader of residents who don’t have health insurance. It’s low wage jobs without any benefits.”
http://www.huffingtonpost.com/2011/08/03/governor-perrys-texas-economy_n_917460.html
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